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Saudi Networkers Services Books Lower H1 Profit, Revenue

MT Newswires·08/11/2026 10:28:06
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10:28 AM EDT, 08/11/2026 (MT Newswires) -- Saudi Networkers Services (SASE:9543) said Tuesday its attributable net profit and revenue for the first half decreased year over year. Net profit attributable to shareholders for the six months ended June 30 was 18.6 million Saudi riyals, compared with 20.6 million riyals a year ago. EPS moved to 2.5 riyals from 2.7 riyals. The Tadawul-listed technology consulting company's revenue was 292.5 million riyals, compared with 297.2 million riyals a year ago. Meanwhile, the board approved a cash dividend of 1.6 riyals per share for the first half, payable on Aug. 27 to shareholders on record Aug. 13. It paid 2 riyals per share in the year-ago period.